[gaijin]

his point is that the seller of this huge silver contract had access to UNLIMITED funds, and that the objective of the trade had POLITICAL motives.

For this reason, the last-minute downward move in the silver price serves as no evidence of financial forces.

Rather, the move indicates evidence of a POLITICAL force (i.e. one that might indicate some type of political desperation).

So let me make it really simple:

1. If you are long silver, don’t sweat this strange down-tick

2. If you aren’t long silver, this might be a transient buying opportunity

3. The silver seller has very strong formal or informal ties to the US government —better put, the current US regime.

[PA Engineer]

3. The silver seller has very strong formal or informal ties to the US government —better put, the current US regime.

Absolutely. This was a 50000 contract selloff in one minute. Worse, there were others aware of it that also made large contract sales prior to this massive dump. There are 5000 ounces of paper silver per contract (doubtful the comex holds any real silver). This represented 250,000,000 ounces of silver or 10 Billion dollar move at $40 per ounce.